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TMI Blog2012 (7) TMI 299X X X X Extracts X X X X X X X X Extracts X X X X ..... d in the profit and loss account in the next three years – Held that:- Quantum of expenditure, rent payable etc. the assessee had followed the accounting practice - revenue had accepted the said proportionate set off/ expenditure in the earlier and the subsequent years - Making or adopting a change in one year will lead to anomalies and incongruities – In favor of assessee - ITA No. 919/2009 - - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nditure in the year in which the payment was made or proportionately for the years for which the advance payment of rent was made. He submits that the Tribunal was therefore wrong in allowing prior period expenditure inter alia recording, that the respondent-assessee was entitled to proportionately claim OYT expenditure in three years. 3. We have examined the said contention raised by the appell ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... it and loss account in the next three years. The Assessing Officer in the assessment order itself has noticed and recorded the contention of the assessee that this was in terms of accounting policy to write off the telephone deposits under the OYT scheme over a period of three years. This was because of the nature of deposit, quantum thereof and the nature and character of the business undertaken. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... telephone lines, the quantum of expenditure, rent payable etc. the assessee had followed the said accounting practice. The revenue had accepted the said proportionate set off/ expenditure in the earlier and the subsequent years. Making or adopting a change in one year will lead to anomalies and incongruities. 5. In view of the aforesaid position, we are not inclined to entertain the present app ..... X X X X Extracts X X X X X X X X Extracts X X X X
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